CyberScope Web3 Security, which provides Web3 cybersecurity and compliance solutions for digital asset platforms, filed on Monday with the SEC to raise up to $17 million in an initial public offering.
CyberScope is a Web3 security and compliance provider specializing in smart contract audits, AML/KYC screening, penetration testing and blockchain vulnerability assessments. The company has completed over 2,700 smart contract audits and more than 500 KYC verifications for over 3,000 clients across DeFi platforms, token issuers and infrastructure providers in North America, Europe, Asia and other markets, securing over $2 billion in digital assets. The company’s service suite leverages four proprietary tools: Cyberscan, Similarityscan, Safescan and Signaturescan, to deliver automated and manual code reviews, similarity analysis, transaction monitoring and signature search, with audit badges accepted by platforms such as CoinMarketCap, PinkSale and Unicrypt.
The George Town, Cayman Islands-based company was founded in 2023 and booked $1 million in revenue for the 12 months ended June 30, 2025. It plans to list on the Nasdaq but has not yet selected a ticker (RC ticker: CYSC.RC). CyberScope Web3 Security filed confidentially on August 19, 2025. Maxim Group LLC is the sole bookrunner on the deal. No pricing terms were disclosed.
